Go Green Radio

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September 02nd 2011:Can the Economy Grow Without Cheap Oil

According to Richard Heinberg, author of the new book The End of Growth – Adapting to Our New Economic Reality, the answer is no. He makes the case that the world’s economic growth is inextricably tied to cheap energy, namely oil, and that as we enter a phase of more expensive extraction – like deep water, offshore drilling – our economy will level out…at best. He says that, “The human economy exists within and entirely depends upon Nature, and many natural resources have no realistic substitutes…societies have to operate within the planet’s budget of sustainably extractable resources.” Tune i

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Featured Guest

Richard Heinberg

Author of ten books, including The Party’s Over,Peak Everything, and the soon-to-be-releasedThe End of Growth, Richard Heinberg is widely regarded as one of the world’s most effective communicators of the urgent need to transition away from fossil fuels. With a wry, unflinching approach based on facts and realism, Richard exposes the tenuousness of our current way of life and offers a vision for a truly sustainable future.
Senior Fellow-in-Residence at Post Carbon Institute, Richard is best known as a leading educator on Peak Oil—the point at which we reach maximum global oil production—and the resulting, devastating impact it will have on our economic, food, and transportation systems. But